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CPI inflation hits 3% as energy and food costs soar - ShareCast - Tue 13 May, 12:31 PM
LONDON (ShareCast) - Higher energy and food costs helped push Consumer Price Index (CPI) annual inflation - the government's benchmark measurement - up to 3% in April from 2.5% in March.

Enodis says adjusted pretax profit up 6 percent - Reuters - Tue 13 May, 11:01 AM
Food equipment maker Enodis <ENO.L>, which has agreed Illinois Tool Works's <ITW.N> 1.03 billion pounds bid, posted a 6 percent rise in first-half underlying profit on Tuesday.

Broker tips: Unilever, Royal and Sun Alliance, ITV - ShareCast - Tue 13 May, 10:39 AM
LONDON (ShareCast) - Fears of higher commodity prices prompted ABN Amro to downgrade its recommendation on food and household goods giant Unilever to 'sell' from 'hold'.

Broker snap: Higher commodity prices seen hitting Unilever - ShareCast - Tue 13 May, 10:25 AM
LONDON (ShareCast) - Fears of higher commodity prices prompted ABN Amro to downgrade its recommendation on food and household goods giant Unilever to 'sell' from 'hold'.

Inflation leaps to 3 percent in April - Reuters - Tue 13 May, 10:18 AM
Soaring food and fuel bills pushed up the inflation rate by its biggest amount in nearly six years, further denting expectations of interest rate cuts despite a slowing economy.

High commodity prices to stay: Coca-Cola boss - AFP - Tue 13 May, 09:51 AM
The president of the Coca-Cola Company said Tuesday that high commodity and food prices were unlikely to calm down anytime soon.

Premier Foods passing on food price rises - ShareCast - Tue 13 May, 09:00 AM
LONDON (ShareCast) - Shares in Hovis and Campbell's Soups owner Premier Foods improved as the group passed on most of the increases in foodstuff costs seen last year.

Restructuring charges hit Enodis - ShareCast - Tue 13 May, 08:38 AM
LONDON (ShareCast) - Bid target Enodis saw interim profits reduced as a result of restructuring charges, but the food equipment maker said it is on track to meet expectations for the full year.

Premier Foods says trading in line with forecasts - Reuters - Tue 13 May, 08:01 AM
Premier Foods <PFD.L> said on Tuesday its trading for the 17 weeks to 26 April was in line with expectations, and that it was making progress recovering rises in commodity prices.

Premier Foods says trade in line with expectations - Reuters - Tue 13 May, 07:19 AM
Premier Foods <PFD.L> said on Tuesday its trading for the 17 weeks to 26 April was in line with expectations, and that it was making progress recovering rises in commodity prices.


Bangladeshis told "eat potatoes" as rice prices soar 02:12 AM [ Reuters]
Factory gate prices rise at record rate 01:20 PM [ ShareCast]
Factory gate inflation hits record high 09:51 AM [ Reuters]
Dairy firm Robert Wiseman warns on profits 08:29 AM [ Reuters]
India prices soar as do Hindu nationalist spirits 06:42 AM [ Reuters]


Tragedy in Myanmar grows worse 08:40 PM [ Reuters]
"Unimaginable tragedy" if Myanmar delays aid 10:32 AM [ Reuters]
Myanmar holds poll despite post-cyclone chaos 11:11 PM [ Reuters]
Myanmar holds poll despite cyclone chaos 10:57 PM [ Reuters]
U.N. launches Myanmar appeal and resumes aid flights 10:45 PM [ Reuters]


U.N. set to resume Myanmar aid flights 08:08 PM [ Reuters]
U.N. resuming Myanmar aid flights despite seizures 07:02 PM [ Reuters]
U.N. human rights forum to examine food crisis 06:55 PM [ Reuters]
U.N. agency suspends Myanmar aid flights 03:32 PM [ Reuters]
Myanmar seizes U.N. food deliveries 12:53 PM [ Reuters]


India may ease rice curbs as supply worries linger 11:17 AM [ Reuters]
Top U.N. human rights forum to examine food crisis 11:08 AM [ Reuters]
Kenya's nomads feel pain of food prices 02:51 AM [ Reuters]
New health woes for China 02:47 AM [ Reuters]
Dutch study unlocks key to firm tomatoes 12:28 AM [ Reuters]


Sector movers: Warm weather prompts sales surge at Next 04:18 PM [ ShareCast]
Aid officials urge relief for Baghdad slum 03:45 PM [ Reuters]
Unilever sales top forecasts 12:20 PM [ Reuters]
We're throwing away a fortune in food 11:16 AM [ Reuters]
Britons Throw Out Food Worth £10bn 09:43 AM [ Sky News]


Philippines' Arroyo leads crackdown on rice hoarding 09:07 AM [ Reuters]
Next sales slide as shoppers feel pinch 08:45 AM [ Reuters]
Next sales suffer in Q1 07:55 AM [ ShareCast]
Unilever sales up 7.2 percent 07:31 AM [ Reuters]
Latin Americans issue regional food emergency 04:39 AM [ AFP ]

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